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Deductions & credits
Yes, I agree and understand. As I explained earlier...I just need help on how to determine how MUCH to increase my withholdings. I know it will end up being a bit less at filing time bc we are receiving half now in the form of payment. Basically we are going to get about $1200 less on the child tax credit when we file because we normally got $6k and now we will get half of the credit ($4,800) at tax time bc the other $4,800 is in the checks. How can I determine how much to withhold from my check and my husbands check per month so that we will still break even?
‎July 21, 2021
8:17 AM